Viemed Healthcare Plunges 13.44% as Geode Capital Cuts Stake
Generated by AI AgentAinvest Movers Radar
Monday, Apr 28, 2025 4:48 am ET1min read
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On April 28, 2025, Viemed HealthcareVMD-- experienced a significant drop of 13.44% in pre-market trading.
Geode Capital Management LLC reduced its stake in Viemed Healthcare, Inc. by 1.1% during the fourth quarter. This move by a major institutional investor could have contributed to the stock's decline, as it may signal a lack of confidence in the company's future prospects.
JPMorgan Chase & Co. held a position worth $1.52 million in Viemed Healthcare. The bank's involvement in the company's stock could indicate that it sees potential in the healthcare sector, but the specific reasons for its investment are not clear.
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